Poor Man Survival
Self Reliance tools for independent minded people…
When I was a kid mothers admonished their kids to think of the ‘starving kids in China’ when we refused to eat our dinner…Now Chinese mothers admonish their kids to think about the starving kids in America.
Have you priced to cost of a steak for your 4th of July BBQ? Around these parts Kroger and Walmart are averaging $10 per pound!
Bureau of Labor Statistics: The BLS calculates the Consumer Price Index (CPI) which measures inflation, but over the years, the calculation has changed. Food prices and fuel costs are no longer measured. You may think that's crazy. We all eat food and the overwhelming majority of us buy fuel. Here are some examples of our current "real" inflation.
In late 2008, nationwide gasoline prices averaged $1.95 per gallon. Since then, gasoline has steadily risen. It's often topping $4.00 per gallon, meaning it's has doubled in price over the last six years (an annual compound growth rate of 15 percent)! Food costs more too, but manufacturers have cleverly concealed that fact. Remember the days when cans of vegetables held 16 ounces? Well, check the label on most cans and you'll find that it holds somewhere in the neighborhood of 14 to 14.5 ounces, or about 10% less product. The price has remained relatively unchanged, but you're buying fewer green beans. The transportation costs (read fuel) have driven the prices of everything much higher.
How to Fight Back: In the global sense, there's little an individual consumer can do to affect the overall rate of inflation. But, there are a few tried-and-true tactics you can employ.
>Drive smart, drive less, combine trips and ease off the gas pedal.
>If possible, join a carpool or use public transportation.
>Replace your car's air filter and check tire pressure.
>Join a warehouse buying club. Work with your neighbors. Buy case-lots, which you can split up.
>Plant a garden and grow some of your own veggies.
>Stock up on sale items. If the grocery is running a 10 for $10 deal, take advantage of the savings.
>Forego your morning latte at "Star Struck" and save the money for groceries.
>Stop using credit cards. Use cash or debit cards. Both tactics force you to shop/spend smarter.
>Visit thrift stores where new or lightly used items may be purchased for a pittance.
The Incredible Shrinking Dollar
The solutions to surviving the war on the Middle Class can be found in our new e-book.
Discover life-saving ways in which you can survive and prosper during The End of the Monetary System As We Know It. This is the information that your financial advisor, your doctor, your police precinct and your government hope you never discover…plus learn how food is your best investment!
You’ll always find good stuff at our store…
Yours in freedom,
Bruce ‘the Poor Man’
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